Plans longer term measures to check cheaper import While there are some obvious benefits for domestic steel producers following the imposition of a minimum import price (MIP) on steel, the industry seems to have abigger plan as it prepares to file for longer- duration duties to counter cheaper imports. On Friday, the government imposed MIPs on 173 steel products to protect domestic players. This duty is going to remain valid for a period of six months. With the MIP, imports would become costlier by 26- 70 per cent, said a report by Prabhudas Lilladher. “We are looking at anti- dumping and countervailing duties as the next measures to fix the steel import issue since these duties are typically placed for threefour years,” Sanak Mishra, secretary- general at the Indian Steel Association, told Business Standard on Monday. Integrated primary steel producers like the Sajjan Jindal- led JSW Steel, Jindal Steel & Power, state- owned Steel Authority of India and Tata Steel will b...